ADX has a low supply and often pumps with a slight volume increase. Currently the daily volume is rising and we have already seen a couple of very volatile pumps, i can see a few lines of trend being respected and currently price sitting on a level of demand but has already been it a few times, there is a chance we will fall to the next demand zone but hoping it gets wicked up quickly to stay with in this pitchfork channel. 40%+ push back to the top of the pitchfork but each limit line will be a level of resistance so have your own game plan on how to trade it. If the current pitchfork trend breaks then i dont see this exact set up working.
Trade closed manually
⋅
annnnnnddd where done. avg out and final target reached for 40% total profit on this trade. We had a couple of chances to enter off this demand and using the out limit of the pitchfork we had out sell targets in mind and it played out perfectly, thanks adx.